Practical AI

Data for All

Oct 18, 2022
John K. Thompson, author of 'Data for All', dives into the pressing topics of data ownership and the evolving landscape of privacy rights. He discusses the importance of understanding personal data monetization and the impact of EU regulations like GDPR. Thompson advocates for individuals to take control of their data, pondering a future where personal information holds market value. The conversation touches on the balance between safety and privacy in tech, alongside the rising significance of synthetic data in modern markets.
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INSIGHT

Data's Value

  • Data is a valuable commodity, not a freebie.
  • Users should be compensated for their data's use.
ANECDOTE

Phone Monitoring Concerns

  • John K. Thompson's sister believed her phone conversations were being monitored.
  • Thompson explained how algorithms personalize feeds based on search history.
INSIGHT

Constant Data Generation

  • Electric cars constantly generate data, highlighting the increasing data generation in modern life.
  • This constant data stream reinforces the idea of data as a valuable asset.
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